DigiByte (DGB) Hits One Day Trading Volume of $2.41 Million

DigiByte (DGB) traded 0.7% lower against the dollar during the 1 day period ending at 14:00 PM Eastern on October 22nd. One DigiByte coin can now be bought for about $0.0068 or 0.00000010 BTC on exchanges. DigiByte has a market capitalization of $118.64 million and $2.41 million worth of DigiByte was traded on exchanges in the last day. During the last week, DigiByte has traded up 1.6% against the dollar.

Here’s how related cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 0% higher against the dollar and now trades at $67,324.25 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 2% lower against the dollar and now trades at $0.14 or 0.00000205 BTC.
• Bitcoin Cash (BCH) traded 1.7% lower against the dollar and now trades at $357.05 or 0.00530630 BTC.
• UNUS SED LEO (LEO) traded 3.6% lower against the dollar and now trades at $5.85 or 0.00008700 BTC.
• Litecoin (LTC) traded down 1.8% against the dollar and now trades at $69.68 or 0.00103556 BTC.
• Monero (XMR) traded 1.6% higher against the dollar and now trades at $157.36 or 0.00233857 BTC.
• Ethereum Classic (ETC) traded down 2.9% against the dollar and now trades at $18.97 or 0.00028186 BTC.
• Arweave (AR) traded 1.1% lower against the dollar and now trades at $18.35 or 0.00027274 BTC.
• Bitcoin SV (BSV) traded 2% lower against the dollar and now trades at $48.00 or 0.00071334 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Profile

DigiByte (DGB) is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its launch date was January 12th, 2014. DigiByte’s total supply is 17,320,853,917 coins. The official message board for DigiByte is dgbforum.com. The official website for DigiByte is digibyte.org. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here.

According to CryptoCompare, “DigiByte (DGB) is an open-source blockchain and asset creation platform, initiated as a fork of Bitcoin in October 2013. It uses five different algorithms to enhance security and comprises three layers: a smart contract “App Store,” a public ledger, and the core protocol with nodes for transaction relay. DigiByte differentiates itself from Bitcoin by diversifying security, speed, and capacity. It employs five separate algorithms to bolster security and prevent ASIC miners from gaining excessive control. DigiByte also introduced DigiAssets, a platform for launching digital assets, decentralized applications (DApps), and smart contracts, with DGB as its native token. Governance structures within DigiByte operate on a voluntary basis, emphasizing the principle that the network should remain open source and publicly accessible. Jared Tate, also known as “DigiMan,” is the creator of DigiByte.”

Buying and Selling DigiByte

It is usually not currently possible to purchase alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to trade DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiByte using one of the aforementioned exchanges.

DGB/USD price chart by TradingView